Quote from
Vicky jha on September 7, 2026, 11:00 am
GTL Mean is Group Term Life Insurance. This is normally life insurance coverage offered to eligible employees by their employers. If GTL is indicated on a pay stub, then it is the value of the life insurance that is taxable because of the exclusion of the $50,000 exclusion limit. This is known as GTL imputed income. This is a non-cash benefit where the employee does not get the benefit of the money in his paycheck, though it is part of the income for taxation purposes. The value varies depending on variables like coverage and age. ManageTrix describes GTL as one of the payroll terms commonly found on paystubs.
GTL Mean is Group Term Life Insurance. This is normally life insurance coverage offered to eligible employees by their employers. If GTL is indicated on a pay stub, then it is the value of the life insurance that is taxable because of the exclusion of the $50,000 exclusion limit. This is known as GTL imputed income. This is a non-cash benefit where the employee does not get the benefit of the money in his paycheck, though it is part of the income for taxation purposes. The value varies depending on variables like coverage and age. ManageTrix describes GTL as one of the payroll terms commonly found on paystubs.
